Treasury Bonds scam: AG recommends criminal, civil action

The Prime Minister's Office said, the Attorney General (AG) has recommended that legal action could be instituted against former Governor of the Central Bank Arjun Mahendran and the firm Perpetual Treasuries as criminal as well as civil cases related to the CB Bond scam.

AG Jayanthi Jayasuriya had submitted the aforementioned recommendations after PM Ranil Wickremesinghe had forwarded COPE and the Auditor General's reports on the CB Bond scam to him for his perusal and recommendations.

A source at the PM's Office stated the AG's report had been forwarded to PM Wickremesinghe on 5 December and further action will only be taken on the instructions of the PM.